Inox India Ltd's INR 1459.32 crore IPO offers 2.21 crore existing shares, aiming to provide shareholder liquidity and enhance brand image.
IPO Date: Dec 14 to Dec 18, 2023 IPO Listing Date: Dec 21, 2023 IPO Price: INR 627 to INR 660 per share IPO Lot Size: 22 Shares IPO Total Issue Size: INR 1,459.32 crores
Inox India Ltd's IPO displays strong financials: revenue growth, profitability, reduced debt, enhancing shareholder value, aiding investment decisions.
There are no comparable Indian or global-listed peers exist for Inox India Ltd due to its unique business, hindering industry or size comparisons.
Inox India Ltd's IPO listing aims to enhance visibility and brand image. It is an offer for sale, with proceeds not benefiting the company.
Inox IPO faces geographic-specific risks due to regulatory issues, labor unrest, and potential cryogen leakage, impacting operations and financial stability.